The deal that shook the MMA world is officially done.

On Monday, Zuffa, LLC announced the official purchase of Strikeforce, with continued promises that the organization will run as a separate entity for the time being.

The deal to purchase Strikeforce could go down as one of the biggest moments in MMA history, as Zuffa now owns the two biggest fight promotions in the world, and bring their brand into recognition along with major sports leagues like the NFL, MLB and the NBA.

“We have worked hard to make mixed martial arts the fastest growing sport in the world,” UFC President Dana White said. “We’ve spent countless hours getting this sport regulated and taking the Octagon all over the world. Acquiring the Strikeforce assets allows us to continue to develop this sport into a global force.”

UFC co-owner Lorenzo Fertitta echoes similar sentiments, while also pointing out that Strikeforce CEO Scott Coker will remain an intricate part to the business plan they have going forward.

“We intend to operate Strikeforce as a separate business much like we did with the WEC for many years,” Lorenzo Fertitta, Chairman and CEO of Zuffa, said. “We look forward to working with Scott Coker, and the entire Strikeforce and Showtime teams to continue to provide quality content for mixed martial arts fans.
?
“We’ve long admired Scott Coker and the Strikeforce business he launched and developed,” Fertitta continued. “We feel that together with Scott, we can continue to build both Strikeforce and the UFC.”

Until Monday, Strikeforce leader Scott Coker had been off the radar, but through the press release he stated his first feelings on the deal, and he’s ready to move forward with the future of Strikeforce and working with the Zuffa entity.

“This is an important day for the sport of mixed martial arts,” Strikeforce CEO Scott Coker said. “We are excited to work with Lorenzo Fertitta, Frank Fertitta, Dana White and everyone at the UFC on the quest to make MMA the biggest sport in the world. Fans can continue to expect quality Strikeforce shows and we look forward to giving our athletes an even broader platform on which to perform.”

The UFC will hold a conference call on Monday at 1pm ET with Dana White and Lorenzo Fertitta both on the call to discuss the Strikeforce purchase with the media. MMAWeekly.com will have full coverage of the call as well as posting update on Twitter.

view original article >>
Report here if this news is invalid.

Related News

UFC announces New York economic impact study results from UFC 205

  • 11 days ago
  • 0 views

UFC announced results of an economic impact analysis following UFC 205: ALVAREZ vs. McGREGOR. Results of the study concluded the landmark event made significant contributions to the city and state wi read news >>

Namajunas vs. Waterson, 3 Other Bouts, Revealed for UFC on FOX 24 | MMAWeekly.com

  • 12 days ago
  • 4 views

The Ultimate Fighting Championship officially announced UFC on FOX 24 on Saturday night, revealing four bouts for the card. read news >>

The Question: What Can UFC Fans Expect from a Returning Georges St-Pierre?

  • a day ago
  • 5 views

It’s official, and by now it’s officially sunk in: Georges St-Pierre will be returning to the UFC Octagon. In a year that has so far begun with little of substance to celebrate, the news came as a we read news >>

UFC Reveals Return to Singapore | MMAWeekly.com

  • a day ago
  • 2 views

The UFC announced its first 2017 event in Asia on Wednesday, revealing a Fight Night event for Singapore. read news >>

It's Official: Joanna Jedrzejczyk to Defend Her Belt at UFC 211 | MMAWeekly.com

  • a day ago
  • 5 views

It's not surprising, but it is official. UFC strawweight champion Joanna Jedrzejczyk will next be defending her title at UFC 211 in Dallas. read news >>

Why is Georges St-Pierre Back? Why Now? (video) | MMAWeekly.com

  • a day ago
  • 12 views

Georges St-Pierre's return to the Octagon has been made official both by him and by the UFC. But why now, after more than three years out of the game? read news >>

Gian Villante Receives Retroactive Exemption, Remains Eligible for Shogun Rua Fight | MMAWeekly.com

  • 6 hours ago
  • 2 views

USADA announced on Friday that Gian Villante has been granted a retroactive Therapeutic Use Exemption, clearing him of a potential anti-doping violation. read news >>

USADA grants Gian Villante retroactive TUE for inhaler, clearing him for UFC Fight Night 106

  • 5 hours ago
  • 4 views

The U.S. Anti-Doping Agency (USADA), the UFC anti-doping partner, announced today that Gian Villante has been granted a retroactive therapeutic-use exemption for an inhaler, freeing him to fight Maur read news >>

UFC 214 in Anaheim Moves to July | MMAWeekly.com

  • 3 hours ago
  • 1 views

UFC officials on Friday announced that the promotion's Anaheim date was shifted again. read news >>

Kyoji Horiguchi and the Failing Flyweight Division | FIGHTLAND

  • 7 hours ago
  • 0 views

Photo by Mike Roach/Zuffa LLC It’s no secret that the UFC has changed directions since WME-IMG purchased the brand for over four billion dollars a few months back. You can sympathize with the William read news >>